OFF MARKET

1/40 Pacific Avenue
Miami QLD 4220

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 101m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 1/40 Pacific Ave, Miami

Building Type
Commercial
Year Built
2000
Floor Size
101m2
Local Government
Gold Coast City
Lot/Plan
1/SP168283

Last Listing description (September 2023)

Peter Laoudikos of Ray White Commercial Gold Coast, as the exclusive agent, is pleased to present 1/40 Pacific Ave, Miami for sale via Public Auction.

The property is a 301m* allotment with additional living quarters and mezzanine built by the current owner. The building has undergone cosmetic renovations in recent years and provides a modern style and functional industrial / office space with separate caretakers unit unapproved.

Situated within a popular mixed use pocket of Miami/Burleigh and a short walk to the Gold Coast Highway, proposed light rail station, North Burleigh Beach, shopping centres, eateries and bars. The property lends itself to multiple uses including industries, retail showrooms, workshops, wholesales and storage.

This opportunity features the following:

301m* area
Vacant possession
Well presented two-level building with air-conditioning throughout
Modern style and functional industrial / office space
Separate caretakers unit unapproved space
Both upstairs & downstairs bathrooms and kitchens
Large roller door & wired for 3 phase
Five onsite car parks
Zoned Low Impact Industry
Situated within a popular mixed use hub surrounded by numerous cafes/eateries, bars, shopping centres, schools, public transport options, recreational parks/sporting facilities and world class beaches
One block from the Gold Coast Highway where a major light-rail station is to be located.

This asset represents a fantastic opportunity to purchase a tightly held investment or owner occupier opportunity in the fastest growing market in Australia.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 1/40 Pacific Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,600,000
27 Jul 2023
  • 27 Jul 2023
    Sold for $1,600,000
  • 19 Jun 2023
    Listed for Sale Auction - Thursday 27th July 2023 at 11am
  • 06 Jun 2011
    Sold for $473,000
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About Miami 4220

The size of Miami is approximately 3 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2011 was 6,364 people. By 2016 the population was 6,817 showing a population growth of 7.1% in the area during that time. The predominant age group in Miami is 30-39 years. Households in Miami are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Miami work in a professional occupation. In 2011, 53.8% of the homes in Miami were owner-occupied compared with 55.5% in 2016.

Miami has 4,886 properties.

    There are currently 70 properties listed for sale, and 19 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Miami.

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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.